Paul Sweeney

speaker

2,349 appearances 315 recordings 8 series first heard Sep 2024 last heard yesterday

Paul Sweeney’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 282 in all, peaking in May 2026 with 51.

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Bloomberg Tech · Instant Reaction: Trump's Global Tariffs Struck Down By Supreme Court · 20 Feb 2026 podcast

Is it surprising, then, that the justices did not address the extent to which importers are entitled to refunds, that it's just basically kicking it back to the lower courts?

Yeah.

If anything, this makes the State of the Union address that much more interesting to see how it all shakes out the body language, not just what President Trump will say, because I'm sure he'll probably say something even before his address next week.

And we'll certainly given this is the signature economic policy that he has really defined his administration.

Right.

A lot of historical context there.

Certainly a huge landmark decision by the Supreme Court determining that President Trump's global tariffs are illegal.

Let's bring in Henrietta Trace.

Henrietta is our go-to expert on all things policy and economics.

She is the managing partner and director of economic policy at Veta Partners.

Henrietta, the market had largely anticipated this.

We saw it with the reaction in certain retail stocks, companies that would benefit from the rollback of these tariffs.

How are you looking at this?

A lot to see here.

And it's not just American stocks that are benefiting.

I'm looking at, for instance, LVMH, Hennessy in Europe, climbing on the news up 4.4 percent in European trading.

So companies that rely on exports to the U.S.

also benefiting from this ruling.

Paul asks a really important question, Henrietta.

Basic.

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